AGP Executive Report
Last update: 3 hours agoMarkets: The ASX is tipped to open higher after Wall Street’s gains, with oil prices and bond yields still in focus. Listings: Glencore hopes its ASX debut will help narrow its valuation gap with BHP, while the collapse of Firmus’s proposed $5bn float has renewed questions about investor appetite for large tech listings. Housing finance: Investor loans fell 9% in the June quarter as rate rises and proposed tax changes cooled demand; Melbourne’s new listings include a growing share of former rentals. Banking and payments: The ATO will keep accepting credit-card tax payments until June 2027 after reversing its planned ban, while banks face calls to restore face-to-face services in regional communities. Inflation: S&P warns the federal government and Reserve Bank are pulling in opposite directions as they try to bring inflation under control.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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